Moerman, Gerard A. - 2004
within the European Monetary Union (EMU)
has had a considerable impact on the economies of member countries in the past … show
that Rouwenhorst’s (1999) conclusions seem to be outdated.
Keywords: EMU, euro area stock markets, portfolio … the introduction of the common currency. Also, as
of 1999 the exchange rates between EMU countries were fixed, which …